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Property profile & analytics
OFF-MARKET
Retail space
120 Main St Watertown, TN 37184-1419
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-3403326
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Total area
1,406 SF
Lot
38 ac (1,655,280 SF)
APN
128H C 01400
UPID
US80-3403326
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Event Room Hotel & Motel Resort
-
Masonic Building Community Center Temple
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
A & L Rental Properties LLC · 4 yrs held
A & L Rental Properties LLC
since 2022
Last sale
$324,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Watertown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Watertown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,150
Tax year 2023
Assessed value
$45,800
Assessed 2023
Previous assessed
$45,800
+0.0% YoY
Effective rate
2.51%
On assessed value
Assessed land
$19,760
Assessed improvement
$26,040
Land market value
$49,400
Improvement market value
$65,100
Total market value
$114,500
Applied tax rate
95.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1900
Heating
YES
Stories
1
Units
1
Bathrooms
0
Total area
1,406 SF
Lot
38 ac (1,655,280 SF)
APN
128H C 01400
UPID
US80-3403326
Jurisdiction
WILSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1900
Heating
YES
Stories
1
Units
1
Bathrooms
0
Lot
38 ac
Current owner
From public records · entity-resolved
A & L Rental Properties LLC
Entity
Mailing address
8858 SPARTA PIKE, WATERTOWN, TN 37184-1306
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2022
$324,000
A & L Rental Properties LLC
Jlkn Investments L Lc
Warranty Deed
$259,200 · Persons Banking Company
Jun 3, 2019
$158,000
Jukn Investments LLC
Allen,stephen H JR
Warranty Deed
—
May 30, 2003
$75,000
Hunter Allen
Mcmillin,john K
Grant Deed
—
Feb 8, 2002
$53,215
John K Mcmillin
Frizzell,ronnie
Grant Deed
—
—
—
Hunter Allen
—
Deed Of Trust
related
—
—
—
Stephen H Allen JR.
—
Deed Of Trust
related
$10,000 · Wilson Bank & Trust
—
—
Hunter Allen
—
Deed Of Trust
related
$60,000 · First Tennessee Bank National
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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